BOJ

BOJ Rate Hike Debate Intensifies: Some Members Eye Near-Term Move

The Bank of Japan's December meeting revealed a division of opinion concerning the timing of a potential interest rate hike, as reported by Reuters, citing minutes released by the bank. Some members suggested a near-term move is warranted, even as the BOJ ultimately held steady at 0.25%

Japan Service Inflation Heats Up, Strengthening Case for BOJ Rate Hike

Service sector inflation in Japan accelerated for the second consecutive month, reaching 3.0% in November, as reported by Reuters. This data, released Wednesday by the Bank of Japan (BOJ), supports the central bank's assessment that rising wages are prompting companies to pass on higher costs to consumers.

BOJ's Ueda Sees Japan Nearing Sustainable 2% Inflation in 2025

The Bank of Japan (BOJ) Governor Kazuo Ueda believes the Japanese economy will make significant strides toward the central bank's 2% inflation target in 2025. He made these remarks on Wednesday to the business lobby Keidanren, as reported by Reuters. While this positive outlook suggests an upcoming interest

BOJ Minutes Highlight Cautious Approach to Rate Hikes Amidst US Uncertainty

The Bank of Japan (BOJ) board agreed in October to continue raising interest rates if the economy performs as expected, but some members expressed caution due to uncertainty surrounding US economic policy, according to minutes released by the central bank on Tuesday, as reported by Reuters. The BOJ's

Japan's Bond Market Brace for Decade-High Supply as BOJ Tapers Purchases

Get ready for a flood of Japanese government bonds. Investors are facing a perfect storm of rising interest rates and a massive increase in bond supply as the Bank of Japan (BOJ) scales back its bond purchases, reports Bloomberg. The Ministry of Finance typically releases its debt issuance plans in

BOJ's Rate Hike Plans Leave Market in Limbo

The Bank of Japan's (BOJ) upcoming policy meeting on Wednesday and Thursday has the market in a state of confusion, with investors struggling to decipher Governor Kazuo Ueda's intentions regarding future rate hikes, reports Nikkei Asia. Just two weeks ago, nearly 70% of market players anticipated

BOJ Policymakers Divided on Pace of Rate Hike

The Bank of Japan (BOJ) remains divided on the appropriate timing for raising interest rates, according to a summary of opinions from its October policy meeting released on Monday, reports Reuters. Several board members expressed concern about the potential for renewed market volatility if rates are raised too quickly. They